Industry
To make staged collisions appear more authentic, fraudsters are increasingly involving innocent drivers, warns The Co-operators.Common tactics that authorities have identified include: The Co-operators offers the following advice to insureds involved in a collision to protect themselves from fraud:
By Canadian Underwriter | December 9, 2010
2 min read
Marsh Canada and TreoScope Technologies have launched an insurance program for liquor-serving venues, including nightclubs, bars and pubs. The TreoScope Insurance Program is available exclusively through Marsh Canada for current or future clients who adopt TreoScope’s EnterSafe software. Participants in the program receive a detailed risk assessment performed by Marsh Risk Consulting. The assessment benchmarks […]
1 min read
Nearly half of large Canadian companies say employees have attempted to defraud their organization, according to a SAS/Leger Marketing survey.SAS/Leger Marketing polled more than 1,000 Canadian executives earlier this year. It found 48% of large companies have faced fraud attempts by employees and 35% of mid-size companies report facing internal fraud issues.Only four per cent […]
By Canadian Underwriter | December 8, 2010
Claims
Canada’s commissioner of the environment and sustainable development has criticized the federal government for not showing sustained leadership or responding in a coordinated way to the risks associated with climate change.Also in his 2010 Fall Report, commissioner Scott Vaughan calls on the Canadian government to update its emergency planning and documentation of responses related to […]
Manitoba is launching a pilot project offering mediation to Manitobans who disagree with Personal Injury Protection Plan (PIPP) decisions by Manitoba Public Insurance (MPI).The mediation pilot office will use independent, qualified mediators and operate over a two-year period. Data collected during that time will include claimant satisfaction surveys to help evaluate whether participants felt the […]
Nearly 30% of Ontarians admitted to driving while under the influence “at least once” in the past year, according to CAA’s Traffic Safety Culture survey.CAA surveyed 2,000 Canadians, 600 of which were from Ontario.The survey found 27% of Ontarians questioned admitted to driving under the influence at least once in the past year. Eighteen per […]
Swiss Re sees continued global economic expansion in 2011, but warns a risk remains a global economic recovery will be derailed by renewed financial market turmoil.This could potentially result in a hardening property and casualty insurance market in 2012, Swiss Re economists predict.The analysis by Swiss Re economists is posted online and was made in […]
For the purpose of calculating income replacement benefits, there is a difference between “poor record keepers,” who fail to document income properly, and a First Nations person working at a store on a reserve, where there is no legal obligation to pay taxes or keep written records at all, an Ontario arbitrator has found.In Dawn […]
By Canadian Underwriter | December 7, 2010
Insurance Central and BrokerLink have jointly announced that Darren DeDobbelaer, president of Insurance Central, a full service brokerage operating in Southwestern Ontario, has sold his brokerage to BrokerLink. Terms of the transaction were not disclosed.Established in 1991, the BrokerLink companies – including Canada Brokerlink Inc., Canada Brokerlink (Ontario) Inc. and Canada Brokerlink Financial Inc. – […]
The vast majority of Ontario consumers – 75% – do not know their credit scores are used to determine how much the pay for their home insurance, according to a survey commissioned by the Insurance Brokers Association of Ontario (IBAO).IBAO commissioned MRP Market Research Professionals Inc. to poll more than 802 Ontarians during the first […]
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